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Exploration News

By: Henry LazenbyUpdated 1 hour 44 minutes ago
British Columbia is ‘ground zero’ for mining in Canada, as technological advances require an ever-increasing volume of metals to satisfy improving standards of living and environment-friendly technologies.
This was the key message attendees at the fourth annual Resource Breakfast Series heard on... →

By: ReutersUpdated 7 hours ago
Sula Iron & Gold, a London-listed mining firm focused on Sierra Leone, said on Tuesday it had found gold of almost "bonanza grade" and its board would forgo their salaries while the company exploits the resource.
The latest assay at the Ferensola gold project in the Sula Mountains of Sierra... →

By: Mariaan WebbUpdated 7 hours ago
The High Court in Dublin on Tuesday ruled in favour of gold explorer Conroy Gold and Natural Resources in the case brought against the company by shareholder Patrick O’Sullivan.
O’Sullivan turned to the court after chairperson Richard Conroy blocked him from seeking the appointment of three new... →

By: Martin CreamerUpdated 7 hours ago
Gold mining company Pan African Resources, which is completely unhedged except for the hedging of 27 000 oz of gold that will be produced next year from its upcoming Elikhulu tailings treatment project, views hedging with extreme caution. In response to Nedbank equity analyst Arnold van Graan,... →

By: Creamer Media Reporter 26th September 2017
Spain-focused Ferrum Crescent on Tuesday announced several directorate changes, including the resignation of its executive chairperson Justin Tooth.
Tooth resigned from the board of the lead and zinc explorer with immediate effect in order to pursue other business interests. →

By: Henry Lazenby26th September 2017
Australian junior Thor Mining is pushing ahead with its diversified portfolio of tungsten/copper/lithium projects in Australia and the US, in the hope of capitalising on rising metals prices. The Sydney-based explorer and project developer, which has equity listings on the ASX and LSE’s Aim,... →

By: Henry Lazenby23rd September 2017
On the heels of pouring first gold at its brand-new San Agustin project earlier this week, Mexico-focused miner Argonaut Gold has also increased the pit-constrained resources at its two operating mines, the company has advised.
At El Castillo, the Toronto-based miner added about 328 000 oz of... →

By: Esmarie Swanepoel22nd September 2017
ASX-listed gold miner Newcrest Mining has abandoned its 80% stake in the Rahu project, in New Zealand, to joint venture partner New Talisman Gold Mines.
New Talisman on Friday announced that it had acquired Newcrest New Zealand Exploration, with the junior company evaluating its options to... →

By: Nica Schreuder22nd September 2017
Based on substantial growth over the past 12 years, mining and industrial services provider Fraser Alexander’s minerals processing business intends to double its revenue within the next three to five years, says Fraser Alexander minerals processing GM Jaco Scholtz. “We are particularly proud of... →

ALL ENCOMPASSING Fraser Alexander is able to service clients across the coal washing and processing value chain

By: Martin Creamer21st September 2017
Midtier gold mining company Pan African is rolling out vibrant internal growth projects involving the revival of Evander Mines’ 7 Shaft and the alleviation of congestion at Barberton Mines’ Fairview operation, which will provide the flexibility needed to better exploit what is arguably the... →

By: Esmarie Swanepoel21st September 2017
ASX-listed junior Longford Resources has moved to acquire two cobalt/copper projects, in the US. The company on Thursday announced that it would acquire US-based Liaz, which holds the Colsons copper/cobalt project in Idaho, and the Goodsprings copper/cobalt project in Nevada. →

By: Henry Lazenby20th September 2017
TSX-V-listed Angkor Gold has, together with its joint venture partner Renaissance Minerals, received approval from the Cambodian Ministry of Mines and Energy to proceed with their joint exploration plans of Koan Nheak under a definitive earn-in agreement signed in July. Renaissance is a Cambodian... →

By: Henry Lazenby20th September 2017
Mere months after Integra Gold was bought out in a deal worth about C$590-million by Eldorado Gold, essentially the same team – reincarnated as Integra Resources – has reached agreement with major Kinross Gold to buy the DeLamar gold/silver mine, in Southern Idaho.
The C$7.5-million... →

By: Henry Lazenby20th September 2017
West African gold producer Endeavour Mining has given the $412-million Ity carbon-in-leach (CIL) project, in Cote d'Ivoire, the go-ahead, adding about 235 000 oz/y over the first five years to Endeavour’s current production profile of between 600 000 oz and 640 000 oz this year, at lower costs.... →

By: Creamer Media Reporter 20th September 2017
Explorer Connemara Mining will initiate further drilling at its Inishowen project as part of its gold exploration programme in Donegal, Ireland.
The diamond drilling, which will start on September 25, is aimed at establishing if the gold-bearing veins discovered last year extend across the licence. →

By: Creamer Media Reporter 20th September 2017
Aim-listed W Resources has been granted a two-year licence extension for exploration at Tarouca, near its Régua project, in Portugal, paving the way for a new drilling campaign.
Tarouca is about 20 km from Régua and has the potential to enhance and expand the Régua development, W Resources... →

By: Reuters20th September 2017
More than 120 birds in Canada's oil heartland of Alberta were killed after getting caught in a pond of oil sands byproducts operated by the country's largest producer Suncor Energy, the local regulator said on Tuesday.
The Alberta Energy Regulator said the animals, waterfowl and songbirds, were... →

By: Henry Lazenby19th September 2017
Gold miner Leagold Mining is making good progress with transforming the 200 000 oz/y-plus Los Filos mine into a strong, long-lived growth platform with which it can pursue other growth opportunities in Latin America. Speaking to Mining Weekly Online in Vancouver (see attached video), president... →

Leagold Mining president and CEO Neil Woodyer discusses the company’s progress at the flagship Los Filos mine, in Mexico, as it aims to create a growth platform for expansion into the Americas. Video: Henry Lazenby; Editing: Lionel da Silva

By: Henry Lazenby19th September 2017
TSX-V-listed First Cobalt will not complete a strategic alliance over seven cobalt exploration properties close to several major copper/cobalt operations in the Democratic Republic of Congo's (DRC's) Central African Copperbelt. The Toronto-headquartered company announced on Monday that it would... →

By: Henry Lazenby18th September 2017
Senior Canadian miner Kinross Gold has revealed that it will spend about a $1-billion on two significant capital growth plans for the Phase 2 expansion of its Tasiast mine, in Mauritania, as well as the Phase W of the Round Mountain mine, in Nevada.
“With Phase 2, Tasiast's annual production is... →

By: Henry Lazenby15th September 2017
Recently minted Sibanye-Stillwater has successfully extended the platinum group metals (PGM) mineralisation at the Blitz project, in Montana – a brownfield extension of the existing Stillwater mine. The company announced on Friday that mineralised ore at the Blitz project had been intersected in... →

By: Anine Kilian15th September 2017
ASX-listed Orion Minerals, which will list on the Johannesburg Stock Exchange on Monday, is focused on fast -tracking the development of its Northern Cape-based Prieska zinc/copper project. The company plans to leverage the secondary listing to open up more efficient local funding options through... →

By: Schalk Burger15th September 2017
Market research multinational BMI Research reported on Thursday that there would be a shift in the status quo of mining finance sources, as mineral prices stabilise and edge higher over the coming years. “Majors will continue to rely on equity and debt financing. Mid-cap and small-cap companies,... →

By: Esmarie Swanepoel15th September 2017
Junior metals explorer Ardea Resources has raised A$5.5-million in a share placement to sophisticated and professional investors, to accelerate drill programmes at its KNP cobalt project, in Western Australia.
Some 7.6-million new fully paid ordinary shares would be issued under the company’s... →

By: African News Agency 15th September 2017
The minister of trade and industry, Rob Davies, said on Friday that China has agreed to support South Africa and Africa’s initiatives of industrialisation and mineral beneficiation as the country embarks on a drive to better exploit its mineral resources. Davies said in a statement that that... →

By: Simone Liedtke15th September 2017
Copper production in Zambia will reach just more than 800 000 t by the end of this year as the country is taking steps to regain its position as Africa’s leading copper producer, according to Zambia Chamber of Mines (CoM) initiative Mining for Zambia (MFZ). “This is a conservative estimate,... →

DRAWING DOLLARS
$12.4-billion was invested in new mining ventures in Zambia from 2000 to 2014 by just six mining companies

By: Mia Breytenbach15th September 2017
TSX-V-listed Volcanic Gold Mines plans to drill within the significantly expanded mineralized footprint defined by air-core drilling adjacent to the inferred mineral resource at its Mandiana gold project, with a view to a resource increase and is actively orientating its exploration programme... →

By: Simone Liedtke15th September 2017
Nonprofit organisation, the Southern African-German Chamber of Commerce and Industry, is aiming to invite more German companies to Zambia to display digital solutions for mining and Industry 4.0, following the success of its German-Zambian Business Forum. SA-German Chamber Lusaka office head... →

BUSINESS FIRST
The first German-Zambian Business Forum was held in Lusaka, Zambia, earlier this year to strengthen economic ties between Germany and Zambia

15th September 2017
By the first quarter of 2018, a building site in Kalumbila, in North-Western province, in Zambia, will be transformed into a $40-million manufacturing facility that will produce high-quality mill-balls for mines in Zambia, neighbouring countries and the world market, says Zambia Chamber of... →

TANGIBLE EXCITEMENT
There’s a tangible feeling of excitement in the air at Kalumbila with the coming of the ME Elecmetal plant

By: Simone Liedtke15th September 2017
Zambia Chamber of Mines, and its initiative Mining for Zambia (MFZ), is enthusiastic about the reopening of mining operations in Zambia, which it says will not only result in increased copper production but also translate into stabilised employment levels in the country and improved tax revenues... →

CONTRIBUTION TO DEVELOPMENT
The mining sector contributes to Zambia’s socioeconomic development through the creation of jobs and new business opportunities

15th September 2017
Educational institution Southern African Institute of Mining and Metallurgy (SAIMM) will host the second Copper Cobalt Africa Conference at the Avani Victoria Falls Resort, in Livingstone, Zambia, in July next year. →

Photo by Bloomberg
INDUSTRY REVIVAL
The African Copperbelt is again experiencing a resurgence of activity following the commodity downturn of recent years

By: Henry Lazenby13th September 2017
Canadian gold producer Eldorado Gold confirmed on Wednesday that it has received the Olympias operating permit and the modified electromechanical installation permit for the tailings management facility at Kokkinolakkas, from the Greek Ministry of Energy and Environment.
The permits were issued... →

By: Anine Kilian13th September 2017
Dual-listed Tethyan Resources’ decision to delist from the London’s Aim was based on the board’s consideration of challenging macroeconomic conditions and the additional costs that come with maintaining two listings. Speaking to Mining Weekly Online on Wednesday, COO Fabian Baker explained that... →